You started your business. The wheels are starting to pick up speed. All of a sudden, roadblock. You need to hire someone. Or you need to start marketing to keep the sales coming in. Or maybe you’re too busy doing the work in front of you to even start thinking about what comes next. Outsourcing some of your duties can help clear some time so you can focus on what you need to do.

The short answer is no.

You know how sometimes you launch QuickBooks and get prompted with that window asking for admin credentials? I chased this for years, looking into permissions, services, hosting settings… I can go on. However, it turns out the solution was super simple. A bit ironic now that QB is getting rid of desktop products, but we still have a couple of years left of that.

The short of it is this: Intuit has been pushing hard for a few years now toward QuickBooks Online (QBO). They have also discontinued most desktop products. You can still get QuickBooks Enterprise, but even that is expected to go away sooner rather than later. There are alternatives to QBO, but it is an industry titan for a lot of reasons. It has its quirks for sure, but I typically recommend QBO for 3 main reasons:

Timely Business Tax Filing

Deductible vs. Non-deductible Business Expenses

5 Things You Can Do to Help Your Business Survive the Recession

As a business owner, it is important to be aware of the challenges that come with running a company during a recession. The recession can be a difficult time for businesses of all sizes, so it is important to take steps to help your business survive. 

What are Accounts Payable?

Accounts payable is the money owed by a business to its suppliers. This debt arises when a company purchases goods or services on credit from another business. Accounts payable are typically recorded in a ledger and tracked as an expense for accounting purposes. This means that any payments made to reduce the amount of money owed will be reflected in a company's financial statements. 

What is Cash Flow Management?

Cash flow management is the process of managing your company's incoming and outgoing cash flow in order to ensure that you have enough money to cover your costs. This can be done by creating a budget and tracking your expenses, having a positive cash flow projection, and making payments to yourself first. You can also reduce your expenses without compromising the quality of your product or service, negotiate better terms with your suppliers and vendors, and invest in assets that generate regular income.